Will Steem rank above 30 in this short bull run? Why not when @dtube clone @theta sits on 33, spam @abbccoin sits on 30 and meme king @doge sits on 27.

Steem has seen some tremendous growth in last two weeks. The reason could be that aggressive campaigns by the community and steem's house regained its order.

Few months back, Steem used rank above 30 consistently, however, bear market and STINC's upheaval had its toll. Steem went down to 21 cents and ranked as low as 56. It is shame a coin that having the largest community and holding the most useful DApps, it ranked below 50.

Now, we have some recent gainers. Theta ICO has launched a very shiny and colorful website. They were able to get advice from one of the Youtube co-founders as a marketing ploy.

@dtube have showed that how hard it is to host unlimited number of videos and get rewarded by consumers. Many @youtube stars have come and gone. It was hot in bull market but @dtube is creeping forward in the bear market. @dtube also had a hard time in raising funds from the venture capital. Unfortunately, @dtube founders do not like ICO for philosophical reasons.

There are already many video hosting Apps on blockchain such as @bittube, @dlive, @viuly, @vevue; however, @dtube is the most successful one, due to moving earlier and creating buzz. However, due to apathy to marketing and ICO, @dtube is losing the craze about being the real youtube competitor.

ABBCcoin, another scam and PnD coin stayed too long in top 40 ranks. Probably it is going to be the next @bitconnect if it stays too long.

The meme king @dogecoin onced pulled down to 50 ranks, recently, it came back and staying comfortably at rank above 30. @doge has one of the largest community based on soft-hearted brethren relationship. It can be a good example on how Steem can stays afloat above 30 or even 20 rank using the community power.

We need a flurry of investors who can consume Steem at higher price at rank above 20 due its relatively higher inflation. Steem needs a brand like Google, Apple or Microsoft ecosystems. Steem can be considered as global stock where anybody can buy a piece of share from any parts of the world. Steem can provide Brain-as-a-service (BaaS) to visionary and opportunist entrepreneurs. Steem can be the birthplace of biggest DApps and DAOs of the future.

In this short bull run Steem looks like in a trajectory to rank above 30 probably overtaking ABBCcoin. However, will pullback push it below 40? It has to be seen.

Upcoming MIRA update is very important. After that STINC can focus with tunnel vision on SMT. Once Steem has SMT even the lite one, there is no going backward from rank above 20s. Already, Steem has SMT like infrastructure for the burgeoning DApps to release TOKENs in @steem-engine and @freedomex. SMT will add the upvoting economic model to the DApps. Yes, it is excited time to be in Steem chain!

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger